The 1-hour DOT/USDT chart clearly shows that Polkadot is currently under strong selling pressure. Price is trading around the 1.91–1.92 zone after a sharp decline, making this area a key decision point for the market. The next move from here will likely define the short-term direction.
Overall Market Structure: Bears in Control
From the chart, DOT faced a strong rejection near the 2.20–2.25 region. After that rejection, price started forming lower highs and lower lows, which confirms a clear bearish trend. Every small recovery attempt has been met with selling, indicating weak bullish strength.
Key Support and Resistance Levels
Based on current price action, these levels are crucial:
Major Support: 1.88 – 1.90
If this zone fails, the next downside targets could be 1.80–1.75.
Immediate Resistance: 1.95 – 2.00
DOT needs a strong close above this area to show any meaningful recovery.
Strong Resistance: 2.05 – 2.10
This zone previously triggered heavy selling and may act as a strong supply area again.
Volume Analysis: Selling Pressure Is Slowing
During the recent drop, volume spikes confirmed panic selling. However, current volume has decreased, suggesting that sellers are losing momentum and the market is entering a short-term consolidation phase.
A rise in buying volume along with green candles would be an early sign of a possible relief rally.
Trend Outlook: Bearish, but a Bounce Is Possible
On the 1-hour timeframe, the trend remains bearish. As long as DOT stays below 2.00, overall sentiment will remain negative. That said, trading near a strong support zone increases the chance of a short-term bounce.
Possible Scenarios Ahead
Relief Bounce:
If the 1.88–1.90 support holds, DOT could bounce toward 1.98–2.05.
Further Breakdown:
A strong breakdown below 1.88 could push price toward 1.80 or lower.
Sideways Consolidation:
DOT may trade sideways between 1.90 and 2.00 until the market finds a clear direction.
Final Thoughts
Polkadot is currently trading in a make-or-break zone. While long-term fundamentals may remain strong, short-term price action still carries high risk. Waiting for confirmation through volume and structure before entering trades is a safer approach.
#dot $DOT